Modules & Upstream Manufacturing

Union Minister for New and Renewable Energy Pralhad Joshi highlighted that renewable energy is becoming a critical determinant of competitiveness in key industrial sectors such as steel, aluminium, chemicals, automotive and textiles. He emphasised the importance of emerging areas including green hydrogen, battery storage, pumped hydro, offshore wind and round-the-clock renewable energy solutions in the next phase of growth.

Renewables business PAT increased 59% YoY to INR 1,994 crore (including INR 857 crore from solar cell and module manufacturing unit).

While the National Critical Mineral Mission (NCMM) aims to create regulatory and institutional enablers to develop the critical minerals supply chain, focused capital expenditure is needed to accelerate large-scale mining, refining, and processing. The NCMM creates intent and incentives, but outcomes will depend on institutional execution.

Coal India Ltd said today that the name of its arm CIL Solar PV Ltd has been struck off from the Register of Companies under Section 248(5) of the Companies Act, 2013, and that the subsidiary now stands dissolved.

India’s 500 GW renewable energy target by 2030 dominates every policy conversation. Capacity additions, auction pipelines, transmission corridors; these are the metrics that make headlines. But there is a quieter, less glamorous constraint that could undermine all of it: the country’s under-investment in testing and certification infrastructure for clean energy equipment.

NTPC Renewable Energy Ltd (NTPC REL) has invited bids for the supply of solar PV modules for 1,200 MW of solar projects planned at the Khavda Renewable Energy Park – South Block in the Rann of Kutch, Gujarat.

CEA’s 2026 manufacturing quality report finds that yield rates vary widely based on the age of solar module assembly facilities, with mature Chinese firms nearing 100% and U.S. outlier facilities ranging all the way down to 30%.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

Solex Energy, a solar module manufacturer and EPC services provider, has reported a 248% year-on-year increase in revenue from operations to INR 885.53 crore for the fourth quarter of FY2026. Revenue for the twelve months ended March 31, 2026, rose 144.3% to INR 1,618 crore.

Vikram Solar has reported its highest-ever quarterly revenue of INR 1,453 crore in Q4 FY2026, marking a 22% year-on-year increase. Profit after tax (PAT) also rose 22% YoY to INR 110 crore.